Civic Intelligence

Horses of Course Inc

990EZ • Fiscal year 2019 • EIN 61-1764232

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 28, 2020

11818 95th AveBlue Grass, IA 52726

(563) 505-1010

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

37th percentile

-1.4%

Higher net margin than 37% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

7th percentile

-59%

Faster asset growth than 7% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

34th percentile

-9.9%

Faster revenue growth than 34% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,152

Down $1,627 (-59%) from 2018

Net Assets

Down

$1,152

Down $1,627 (-59%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$114,283

Down $12,542 (-9.9%) from 2018

Expenses

Down

$115,910

Down $4,820 (-4.0%) from 2018

Net Income

Down

-$1,627

Down $7,722 (-127%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0K$2.0K$0-$2.0K-$4.0KAssets 2016: $86Liabilities 2016: $1,374Net Assets 2016: -$1,2882016Assets 2017: $16Liabilities 2017: $3,332Net Assets 2017: -$3,3162017Assets 2018: $2,779Net Assets 2018: $2,7792018Assets 2019: $1,152Net Assets 2019: $1,1522019Assets 2020: $2,960Net Assets 2020: $2,9602020Assets 2021: $2,669Net Assets 2021: $2,6692021Assets 2022: $3,349Liabilities 2022: $3,646Net Assets 2022: -$2972022Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2019

Assets$1,152
Liabilities-
Net Assets$1,152

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2016: $137,479Expenses 2016: $139,776Net Income 2016: -$2,2972016Revenue 2017: $135,139Expenses 2017: $137,167Net Income 2017: -$2,0282017Revenue 2018: $126,825Expenses 2018: $120,730Net Income 2018: $6,0952018Revenue 2019: $114,283Expenses 2019: $115,910Net Income 2019: -$1,6272019Revenue 2020: $154,883Expenses 2020: $153,075Net Income 2020: $1,8082020Revenue 2021: $129,751Expenses 2021: $130,042Net Income 2021: -$2912021Revenue 2022: $130,849Expenses 2022: $133,672Net Income 2022: -$2,8232022Revenue 2023: $57,283Expenses 2023: $56,987Net Income 2023: $2962023

Highlighted filing

2019

Revenue$114,283
Expenses$115,910
Net Income-$1,627
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 28, 2020
Return Version
2019v5.0
Gross Receipts
$114,283
Mission and Program Overview

Mission

Horses of course, inc. Offers riding lessons and riding activities to the public at subsidized prices. In addition, horses of course, inc. Offers scout groups and other youth groups free tours of the stable.

Program Services

DescriptionGrantsExpenses
RIDING LESSONS FOR PEOPLE OF ALL AGES AND STAGES OF LIVE, SERVING 70-75 PEOPLE PER WEEK. PRIMARILY FOR BEGINNERS OF ALL AGES. COST OF LESSONS IS AT A REDUCED RATE, SUBSIDIZED WITH DONATIONS AND GRANTS.-$115,040
GROOM & FEEDER PROGRAM: EDUCATES TRAINEES ON THE IMPORTANCE OF PROPER CARE OF HORSES BY BEING RESPONSIBLE, DEPENDABLE, AND KNOWLEDGABLE CONCERNING HORSE NEEDS. SOME PARTICIPANTS ARE 4H MEMBERS.--
HOSTING 4H CLUB (DENIM & DUST) BY GIVING A SPECIAL 4H LESSON SESSION EACH WEEK AND BY TAKING MEMBERS TO FIVE 4H HORSE SHOWS EACH YEAR. MEMBERS USE HORSES OF COURSE HORSES AND EQUIPMENT. DONATIONS COVER THE COST.--
HOSTS HORSEMANSHIP SEMINARS AND CLINICS OPEN TO THE PUBLIC. HOSTS REDUCED- COST, WEEK-LONG HORSE DAY CAMP PROGRAMS WHERE YOUNG STUDENTS LEARN THE MANY ASPECTS OF HORSEMANSHIP.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BARB LANGLEYExecutive DiFT$0--
MARGOT DAYSecretary-$0--
THOMAS HOLLARSTreasurer-$0--
MARGOT DAYBoard Member-$0--
DOUG BOGARTBoard Member-$0--
RENEE PRICEBoard Member-$0--
MICHELLE MENKEBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Horses of Course Inc
EIN
61-1764232
Address
11818 95TH AVE, BLUE GRASS, IA 52726

Signing Officer

Name
Barb Langley
Title
Executive Director
Phone
5635051010
Signed
2020-07-28

Preparer

Firm
Moorhead Patterson & Company Pc
Address
3910 LILLIE AVE, DAVENPORT, IA 52806-4401
Preparer
Thomas J Hollars CPA
Phone
5633884744
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses insurance 3,828 bank service charges 162 bedding 11,657 farm supplies 805 feed 12,662 fundraising event 708 hay 21,214 manure 4,894 stale checks -742 tack/lesson supplies 122 total 55,310

Form 990-ez, Part II, Line 24

57,104 57,104 less accumulated depreciation 57,104 57,104 total 0 0

Form 990-ez, Part III

Horses of course, inc. Offers riding lessons and riding activities to the public at subsidized prices. In addition, horses of course, inc. Offers scout groups and other youth groups free tours of the stable.

Form 990-ez, Part III, Line 31

Hosts horsemanship seminars and clinics open to the public. Hosts reduced- cost, week-long horse day camp programs where young students learn the many aspects of horsemanship.

Raw XML Appendix154 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0BARBARA LANGLEY
IRS990EZ/BooksInCareOfDetail/PhoneNum05635051010
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011818 95TH AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BLUE GRASS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052726
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02779
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01152
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt016475
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1627
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IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02779
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IRS990EZ/GrossReceiptsAmt0114283
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02779
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IRS990EZ/OccupancyRentUtltsAndMaintAmt04334
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt64.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BARB LANGLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARGOT DAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2THOMAS HOLLARS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARGOT DAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DOUG BOGART
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5RENEE PRICE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MICHELLE MENKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt055310
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0HORSES OF COURSE, INC. OFFERS RIDING LESSONS AND RIDING ACTIVITIES TO THE PUBLIC AT SUBSIDIZED PRICES. IN ADDITION, HORSES OF COURSE, INC. OFFERS SCOUT GROUPS AND OTHER YOUTH GROUPS FREE TOURS OF THE STABLE.
IRS990EZ/ProgramServiceRevenueAmt097808
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RIDING LESSONS FOR PEOPLE OF ALL AGES AND STAGES OF LIVE, SERVING 70-75 PEOPLE PER WEEK. PRIMARILY FOR BEGINNERS OF ALL AGES. COST OF LESSONS IS AT A REDUCED RATE, SUBSIDIZED WITH DONATIONS AND GRANTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1GROOM & FEEDER PROGRAM: EDUCATES TRAINEES ON THE IMPORTANCE OF PROPER CARE OF HORSES BY BEING RESPONSIBLE, DEPENDABLE, AND KNOWLEDGABLE CONCERNING HORSE NEEDS. SOME PARTICIPANTS ARE 4H MEMBERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2HOSTING 4H CLUB (DENIM & DUST) BY GIVING A SPECIAL 4H LESSON SESSION EACH WEEK AND BY TAKING MEMBERS TO FIVE 4H HORSE SHOWS EACH YEAR. MEMBERS USE HORSES OF COURSE HORSES AND EQUIPMENT. DONATIONS COVER THE COST.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3HOSTS HORSEMANSHIP SEMINARS AND CLINICS OPEN TO THE PUBLIC. HOSTS REDUCED- COST, WEEK-LONG HORSE DAY CAMP PROGRAMS WHERE YOUNG STUDENTS LEARN THE MANY ASPECTS OF HORSEMANSHIP.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0115040
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0115910
IRS990EZ/TotalProgramServiceExpensesAmt0115040
IRS990EZ/TotalRevenueAmt0114283
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://WWW.HORSESOFCOURSE.ORG/
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt016475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt021121
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt040903
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt039992
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06635
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0125126
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0297748
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0125126
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt016475
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt021121
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt040903
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt039992
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06635
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0125126
IRS990ScheduleA/TotalSupportAmt0125126
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 3,828 BANK SERVICE CHARGES 162 BEDDING 11,657 FARM SUPPLIES 805 FEED 12,662 FUNDRAISING EVENT 708 HAY 21,214 MANURE 4,894 STALE CHECKS -742 TACK/LESSON SUPPLIES 122 TOTAL 55,310
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt157,104 57,104 LESS ACCUMULATED DEPRECIATION 57,104 57,104 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HORSES OF COURSE, INC. OFFERS RIDING LESSONS AND RIDING ACTIVITIES TO THE PUBLIC AT SUBSIDIZED PRICES. IN ADDITION, HORSES OF COURSE, INC. OFFERS SCOUT GROUPS AND OTHER YOUTH GROUPS FREE TOURS OF THE STABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HOSTS HORSEMANSHIP SEMINARS AND CLINICS OPEN TO THE PUBLIC. HOSTS REDUCED- COST, WEEK-LONG HORSE DAY CAMP PROGRAMS WHERE YOUNG STUDENTS LEARN THE MANY ASPECTS OF HORSEMANSHIP.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BARB LANGLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05635051010
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HORSES OF COURSE INC
ReturnHeader/Filer/BusinessNameControlTxt0HORS
ReturnHeader/Filer/EIN0611764232
ReturnHeader/Filer/USAddress/AddressLine1Txt011818 95TH AVE
ReturnHeader/Filer/USAddress/CityNm0BLUE GRASS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052726
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId064B949BEB63D3CE43A5DDF42CFE7339F99409BE3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId079487B86305E22086C9BB442FC8C503C537798CD
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.64.208.130
ReturnHeader/FilingSecurityInformation/IPDt02020-08-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:20:16
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421092253
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOORHEAD PATTERSON & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03910 LILLIE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DAVENPORT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0528064401
ReturnHeader/PreparerPersonGrp/PhoneNum05633884744
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS J HOLLARS CPA
ReturnHeader/ReturnTs02020-08-06T14:20:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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